JLL Brokers Nyack Self-Storage Sale to Storage Post
- JLL Capital Markets brokered the Nyack self‑storage sale, led by Managing Directors Steve Mellon and Brian Somoza.
- JLL’s specialist platform underpinned a smooth closing and marshaled institutional advisory resources for mid‑market owners.
- JLL’s global Capital Markets scale—3,000 specialists in ~50 countries—connects operators with capital and advises niche self‑storage.
JLL Brokers Nyack Self‑Storage Sale
JLL Capital Markets is facilitating a self‑storage transaction that highlights the firm’s role as a primary capital markets adviser in the logistics and real estate services sector. The deal involves Storage Post’s acquisition of a facility at 92 New York 59 in Nyack, New York, previously operated by Go Store It, and is brokered by JLL Managing Directors Steve Mellon and Brian Somoza. JLL’s specialist platform is underpinning a smooth closing and signalling the firm’s capacity to marshal institutional advisory resources for mid‑market owners and operators.
JLL's Capital Reach Drives Self‑Storage Expansion
JLL is leveraging its global capital markets footprint to connect an expanding owner‑operator with local acquisition opportunities in the New York metro area. With more than 3,000 Capital Markets specialists in nearly 50 countries and the broader firm operating in 80-plus countries, JLL provides a depth of advisory support that Storage Post credits with expediting the transaction. The firm’s involvement reflects a trend of established capital markets teams advising niche property classes such as self‑storage as investors seek stable, income‑oriented assets.
The advisory role extends beyond brokerage to market analysis, buyer and seller matching, and transaction management, functions that are increasingly important as regional operators scale. JLL’s scale — underscored by its Fortune 500 position and reported annual revenue of $23.4 billion — helps institutionalize smaller asset classes by bringing standardized processes and wider capital access. That, in turn, supports buyers like Storage Post that are pursuing rapid, geographically targeted growth in metropolitan catchments with persistent demand.
Storage Post Leverages Local Demand for Growth
Storage Post frames the Nyack acquisition as its second facility in Rockland County and part of a deliberate expansion across New York, New Jersey and broader East Coast, South and Midwest markets. Jack Giannola, Storage Post’s director of acquisitions, says the company pursues quality assets, operational excellence and improved service for residents and businesses — priorities that align with investor appetite for yield and stable cash flow.
Deal Details and Industry Implications
The transaction is portrayed as smooth from start to finish and illustrates how specialist capital markets teams at large firms like JLL are shaping deal flow in secondary and tertiary real estate sectors. For Storage Post, the move broadens local service capacity; for JLL, it reinforces its role as a conduit between growing regional operators and wider capital sources.
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